CHICAGO (WBBM NEWSRADIO) - Mayor Lightfoot is set to deliver her budget address at 10 a.m. today at City Council. This comes a few days after she hinted that she was backing off on a plan to raise property taxes.
As late as last month, the mayor said that even though city law would have allowed an automatic 5% increase in property taxes, she was only going to propose raising them by 2.5%. Now, the mayor said revenue has exceeded expectations and that no property tax increase will be needed, at least for one year.
The mayor’s opponents are skeptical, as the election for mayor is next year. In a tweet Ald. Ray Lopez called the mayor’s back and forth on taxes. “rope-a-dope.”
And Ald. Brian Hopkins told the Sun-Times that at least the mayor is responding to complaints from voters who are overtaxed.
Listen to WBBM Newsradio now on Audacy!
Sign up and follow WBBM Newsradio
Facebook | Twitter | Instagram
Related
Related
